Tenacre Foundation
84% goes to programs $0 to raise $100 Strong reserves Declining revenue
Tenacre Foundation is a 501(c)(3) organization based in Princeton, New Jersey, registered in 1937, with $78,764,081 in FY2024 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
Po Box 632, Princeton, NJ, 08542 EIN 21-0577480 Since 1937
Revenue (FY2024)
$78.8M
▼ 13.8% vs prior year
Religion median: $139K
Expenses (FY2024)
$47.2M
Net assets
$341.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating84% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Tenacre Foundation: 84% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating87 mo reserves · +40% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Tenacre Foundation: 87 mo reserves · +40% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Tenacre Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Tenacre Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
A non-profit christian science organization providing a variety of interrelated ministries including christian science nursing services.
What they do
A school of christian science nursing and other programs for visitor accommodations and religious study.
Unrelated business income - solar renewable energy credits
Contact & location
- Address
- Po Box 632, Princeton, NJ, 08542
- City
- Princeton
- State
- New Jersey
- Category
- Religion-Related
- Subcategory
- Christian Churches & Ministries
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $42.7M (FY2013) to $78.8M (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $23.8MNet assets $341.1M
Operating margin
40.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$364.9M
Total liabilities
$23.8M
Net assets
$341.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $78,764,081▼13.8% | $47,199,747▼16.3% | $341,073,538▲0.6% | $364,912,270▼3.8% | 990PF |
| 2023 | $91,377,308▼3.4% | $56,379,404▼39.9% | $339,141,478▲11.5% | $379,508,875▲1.0% | 990PF |
| 2022 | $94,567,488▼44.1% | $93,849,411▼39.0% | $304,117,598▼15.9% | $375,650,707▼20.1% | 990PF |
| 2021 | $169,308,668▲28.8% | $153,933,240▲33.9% | $361,552,815▼16.9% | $470,013,101▼12.5% | 990PF |
| 2020 | $131,443,449▲25.2% | $114,973,945▲144% | $434,871,642▲28.2% | $536,940,723▲57.5% | 990PF |
| 2016 | $104,998,472▲60.9% | $47,193,570▲57.6% | $339,133,197▼87.5% | $340,816,860▼87.4% | 990 |
| 2014 | $65,268,608▲52.8% | $29,948,388▲0.3% | $2,709,160,796▲17.4% | $2,711,900,367▲17.5% | 990 |
| 2013 | $42,709,666 | $29,853,761▲63.0% | $2,308,305,345▲35.0% | $2,308,819,005▲35.0% | 990 |
| 2012 | — | $18,319,100▼0.5% | $1,709,330,213▲16.9% | $1,709,835,725▲16.9% | 990 |
| 2011 | — | $18,412,444 | $1,461,658,760 | $1,462,571,394 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Brian Stock — $261,500 (0.55% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brian Stock | President & Ceo | 55 | $261,500 |
| Regina Oandah | Asst Treas; Controller (beg 7/24) | 50 | $202,019 |
| Catheryn E Murdoch | Trustee/treasurer/cfo | 55 | $199,852 |
| Marina N Bonsi | Snr Director; Asst Sec (thru 6/24) | 50 | $138,592 |
| Rosy Lum | Secretary; Comm. Manager (beg 12/24) | 50 | $108,898 |
| Adam Scherr | Asst Sec; Housekeeping Manager | 50 | $102,981 |
| Gary L Wright | Asst Treas; Controller (thru 7/24) | 50 | $35,810 |
| Cynthia R Love | Vice Chair | 5 | — |
| Cynthia Tyler | Trustee (thru 4/25) | 5 | — |
| David Cook | Trustee | 5 | — |
| David Daniels | Trustee (beg 6/24) | 5 | — |
| Emily Smith | Chair | 10 | — |
| Gail Chaddock | Trustee | 5 | — |
| Janet Hatherell | Trustee (beg 6/24) | 5 | — |
| Robert Rupp | Trustee (beg 6/24) | 5 | — |
| Thomas Fuller | Trustee | 5 | — |
Top vendors & contractors (FY2016)
| Contractor | Services | Paid |
|---|---|---|
| American Trust Company LLC | Investment Mgmt | $657,215 |
| Towle Capital Partners | Investment Mgmt | $570,130 |
| Kendall Builders LLC | Construction | $409,548 |
| City National Rochdale | Investment Mgmt | $169,933 |
| Wells Fargo | Investment Mgmt | $146,265 |
Grants made · $25.5M in FY2016
9 grants totaling $25.5M in FY2016. All grants made by Tenacre Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Longyear Foundation | Related ministries | $10,000,000 |
| First Church of Christ Scientist | Related ministries | $10,000,000 |
| Principle Foundation | Related ministries | $5,004,000 |
| First Church of Christ Scientist | Related ministries | $250,000 |
| Common Ground Committee Inc | Related ministries | $53,100 |
| Mercer Street Friends Center | Community outreach | $50,000 |
| Arm In Arm Inc | Community outreach | $50,000 |
| Princeton Education Foundation Inc | Community outreach | $50,000 |
| T A S K | Community outreach | $50,000 |
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Frequently asked questions
- Is Tenacre Foundation a legitimate nonprofit?
- Yes. Tenacre Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 21-0577480, based in Princeton, New Jersey. Donations are tax-deductible.
- What is Tenacre Foundation's EIN?
- Tenacre Foundation's Employer Identification Number (EIN) is 21-0577480.
- How much revenue does Tenacre Foundation report?
- Tenacre Foundation reported $78,764,081 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Tenacre Foundation's spending goes to programs?
- Tenacre Foundation spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Tenacre Foundation have?
- CharityIndex grades Tenacre Foundation A, based on program efficiency and fundraising cost.
- How much does Tenacre Foundation's highest-paid employee make?
- The highest reported compensation on Tenacre Foundation's latest Form 990 is $261,500, paid to Brian Stock (President & Ceo).
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Data for Tenacre Foundation (EIN 21-0577480) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.